And frankly I feel he overstates the potential harm of convertible debt, which if properly structured acts mostly as an equity instrument anyways.

Its identity is different from that of its owners and managers.

I want to use investor money to build these things.

Then those investors – the ones who took the most risks (i.e.

So, a death which seems to be inevitable for human beings is something which can be avoided from a company’s point of view. However, even a company can shut down at either on account of law (mostly on account of bankruptcy) or at the discretion of the management or the desire of the owners of the company.

Let us look at Fitbit’s share price movement over the past few quarters.